UK: Alexandra Feb-June sales down 3%
Corporate clothing supplier Alexandra Plc today (19 June) said group sales for the period from 1 February to 8 June were around 3% lower in the same period last year, but expects sales to even out across the full year.
The company, one of Europe's largest suppliers of workplace clothing, also reported a 5% drop in overhead costs.
Alexandra also said it has secured over GBP5m worth of new business this year, and that the restructuring of its Irish operations has resulted in improved profitability, but from lower volumes.
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UK corporate clothing and workwear supplier Alexandra Plc has posted a 10% decline to GBP2.8m (US$5.7m) in adjusted first-half pretax profits amid lower sales and higher finance costs....
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